Correct Answer - Option 3 : increase by 3.04%
Given:
Increase in Length = 12%
Decrease in Breadth = 8%
Formula Used:
Increase in Area = +(Length %) - (Breadth %) - [(Length × Breadth)/100]
Calculation:
Increase in Area = (12%) - (8%) - [(12 × 8)/100]
⇒ Increase in Area = (4 - 0.96)%
⇒ Increase in Area = 3.04%
∴ The increase in area will be 3.04%